Walla Walla, Washington Bank Lends Money to Veterinary Services Company in Woodinville, Washington

Thinking about meeting with a Walla Walla, Washington bank about an SBA loan? Here's one Washington business loan, issued by a Walla Walla bank, that was approved by the SBA.

Applying for an SBA loan with Banner Bank worked out well for our friends at one local company in Woodinville, Washington. The business was able to get an SBA loan for $301,200. Sweet!

SBA Loan Borrower

COMPANY TYPE: VETERINARY SERVICES
WOODINVILLE, WA 98072

SBA Loan Lender

BANNER BANK
10 S FIRST AVE
WALLA WALLA, WA 99362

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541940 - Veterinary Services

Loan Approval Date

11/29/2000

Loan Approval Gross Amount

$301,200

Loan Approval from the SBA

Of the total $301,200 loan amount, the SBA guaranteed $225,900.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. The SBA loan documents indicated that the loan would help retain 3 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Banner Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Banner Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

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